Toyota To Invest $1B In AI Research In Silicon Valley As Autonomous Car Tech Isn't Very Smart Yet

Toyota To Invest B In AI Research In Silicon Valley As Autonomous Car Tech Isn’t Very Smart Yet

Toyota has announced that it will establish a research and development company for artificial intelligence called Toyota Research Institute, which will be based in the Silicon Valley and is aimed at bridging the gap between research on self-driving tech and actual product development.(Photo : Jared C. Tilton | Getty Images) Toyota has announced that is planning to create a research company specifically focused on artificial intelligence, with the company being based in the Silicon Valley and created as self-driving car technology continues to get more popular. As part of the creation of the company, Toyota will be investing a whopping $1 billion in research and development in AI, breaking from its usually more cautious stance on self-driving technology. “I used to say, quite until recently, that we will go ahead…